In Dhahran, Energy Secretary Perry, Al-Falih Discuss Oil Markets, Nuclear Possibilities

Rick Perry and Khalid Al-Falih in Dhahran, Saudi Arabia.
U.S. Energy Secretary Rick Perry held a round of talks with Saudi Minister of Energy Khalid Al-Falih and Aramco CEO Amin Nasser as well other energy industry figures in Dhahran, Saudi Arabia, according to reports.


OPEC, Russia Will Cut 1.2 million Barrels of Oil Production a Day; Price Jumps

H.E. Khalid Al-Falih.
OPEC and Russia have agreed to collectively throttle back oil production by 1.2 million barrels per day to dry up a global supply glut, according to energy reporters from the Wall Street Journal.

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